As concerns over the impact of coronavirus on insurance grow, we have approached each insurer in order to understand what their current stance is with regard to underwriting and claims. For each insurer we have pulled together links to the various statements and pages on their website in order to help you stay on top of what is happening. We will look to update this page where necessary as more insurers release their stance and as the situation develops.
AIG have published a statement on their website explaining their stance on claims and their approach to underwriting.
Aviva have pulled together a short question and answer page on their website giving information on their position with regard to their different types of cover, the effect on their underwriting policies and guidance.
Canada Life has published its latest information for underwriting and claims on its website:
Canada Life have also put together a page answering a high level set of frequently asked questions with regard to group protection. they are currently reviewing the impact on individual protection.
Guardian have released a statement explaining their operational resiliance, approach to claims and underwriting including obtaining medicals
Holloway have released a statement explaining how they will treat claims and the changes they are making to new business cases where they will now be excluding cases of COVID-19 where a one, four or eight week deferred peroid is selected.
Legal & General Adviser Statement
Legal & General Frequently Asked Questions
LV= have dedicated an area of their adviser centre to coronavirus updates. This includes their approach to cases where a diagnosis is confirmed and to clients under self isolation.
MetLife have dedicated an area of their site to Coronavirus where they give general information about the outbreak and answer frequently asked questions iwth regard to their stance.
Royal London have produced a statement on their website giving more details on their approach to both claims and underwriting.
Scottish Widows have pulled together a document highlighting their frequently asked questions with regard to COVID-9 and provide their responses to these.
Vitality have put together a page answering a high level set of frequently asked questions from advisers and also a page for consumers.
Zurich have added a page dedicated to coronavirus to their website which provides a host of information on the virus itself and their approach across the different lines of business they participate in.